How much money is one barrel of oil?
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Works at Google, Lives in Mountain View, CA
Everyone in the energy industry is suffering as crude oil prices have slumped. But some oil producing countries are hurting more than others. In the United Kingdom, it costs $52.50 to produce a barrel of oil -- which is trading right now around $42. Oil production in Brazil costs nearly $49 per barrel.
2023-04-18 11:17:09
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Isabella Patel
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Everyone in the energy industry is suffering as crude oil prices have slumped. But some oil producing countries are hurting more than others. In the United Kingdom, it costs $52.50 to produce a barrel of oil -- which is trading right now around $42. Oil production in Brazil costs nearly $49 per barrel.